ABOUT THE BURSARY PROVIDER – INSETA & ISSF
The Insurance Sector Education and Training Authority (INSETA) is an official education and training and authority in South Africa, whose goal is to increase the quantity and quality of critical and scarce skills within the insurance sector. INSETA provides a range of skill development and training programmes such as bursaries, learnerships and internships, to help bridge the gap of skilled workers within the Insurance sector.
The Insurance Sector Student Fund (ISSF) Bursary Scheme aims to cater for the entire insurance value chain. The ISSF receives funding from business entities within the private and public sector who are committed to skill, upskill, reskill and multi-skill students, graduates and workers across a multitude of economic sectors.
ABOUT THE INSETA ISSF BURSARY PROGRAMME – FIELDS COVERED
INSETA is inviting students to apply for the Insurance Sector Student Fund (ISSF) bursary programme, for the 2025 academic year.
Bursaries will be awarded to unemployed and employed individuals, preferably those studying towards courses in the Insurance and related sectors. The following qualifications will be given priority:
- Financial Investment Advisor
- Insurance Agent
- Insurance Broker
- Actuary
- Compliance Officer
- Software Developer
- Insurance Claims Administrator
- Insurance Loss Adjuster
- Sales and Marketing Manager
- ICT System Analyst
Bursaries are awarded based on the following main factors: academic merit and financial need/ affordability of applicants.
MORE ABOUT THE INSETA ISSF BURSARY PROGRAMME – COVERAGE, CONTRACTUAL OBLIGATION & SELECTION
The bursary will provide coverage for the following expenses:
- Unemployed students: tuition fees, textbooks, accredited or registered accommodation and technological devices (laptop where applicable).
- Employed students: tuition fees and a books. The bursaries are awarded on a sliding scale.
Shortlisted applicants will be contacted within 60 days of the closing date. If you do not receive any feedback by this date, please regard your application as unsuccessful.
ELIGIBILITY REQUIREMENTS FOR THE INSETA ISSF BURSARY
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- You must be a South African citizen
- You must have completed Matric
- You must be unemployed and between 18 and 35 years old OR you must be employed and of any age
- You must be studying or intend on studying at a recognised tertiary institution in South Africa (preferably towards a course in the Insurance and related sectors)
- You must NOT be receiving any other bursary funding
HOW TO APPLY FOR THE INSETA ISSF BURSARY
Applications must be submitted online at: INSETA ISSF Bursary Application 2025
After completing the online application, you will be directed to another page to submit clear copies of the following supporting documentation (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID document (certified copy – not older than 3 months)
- Matric certificate (certified copy)
- Most recent academic record, if currently studying (on institutions letterhead)
- Acceptance Letter from institution (on institutions letterhead)
- Proof of Registration from institution, if applicable (on institutions letterhead)
- Tuition Fee/ Course Quotation (on institutions letterhead)
- Completed ISSF POPIA Consent Form (.pdf)
- Employed applicants:
- Completed ISSF Worker Agreement (.pdf)
- Letter of Employment (signed and dated)
- Unemployed applicants:
- Completed ISSF Learner Agreement (.pdf)
- Accommodation Fee/ Course Quotation (on institutions letterhead)
- Parents or guardians ID documents/ death certificates/ affidavit if deceased (certified copy)
- Parents or guardians 3 months recent payslips/ bank statements (certified copy)
- Parents or guardians affidavit and SASSA letter if receiving a grant (certified copy)
Note: documents must be labelled in the following format: “Initials+Document Name” and must be in a zipped folder.
CLOSING DATE FOR THE INSETA ISSF BURSARY
15 November 2024.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact INSETA directly:
Email: issfenquiries@inseta.org.za
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